Commission lawsuits spread to Manhattan

Commission lawsuits spread to Manhattan

It appears that no real estate brokerage firm in the U.S. is safe from a commission lawsuit. On Wednesday, Manhattan home seller Monty March filed a lawsuit in U.S. District Court in... Read more »
How the commission lawsuits may prompt intervention from DOJ and regulators

How the commission lawsuits may prompt intervention from DOJ and regulators

For Regina Braga, the president of Res/Title, the verdict in the Sitzer/Burnett commission lawsuit did not come as a surprise. “We’ve definitely seen a movement in the last few years to be... Read more »
eXP’s Glenn Sanford is “concerned” about the commission lawsuit’s impact on buyers

eXP’s Glenn Sanford is “concerned” about the commission lawsuit’s impact on buyers

eXp World Holdings executives did not mention the Sitzer/Burnett verdict in their third quarter earnings presentation on Thursday, but analysts wanted to hear their thoughts on the potential implications. In response, Glenn... Read more »
Opinion: All the ways the class-action commission lawsuits are misguided

Opinion: All the ways the class-action commission lawsuits are misguided

I am repeating myself but bear with me. No seller must use a real estate agent to sell a home — ever.  In fact, considering inter-family and estate transfers as well as... Read more »